I purchased my first car last month, a 1988 Fiero Formula. I absolutely love this car. It always turns heads and I get the occasional "Nice Ferrari" from kids on the street. The car corners like it's on rails and is incredibly fun to drive. You feel like you're driving a Ferrari but for a fraction of the price. The interior is comfortable and looks futuristic almost. The lack of a real glove compartment is an issue but I don't carry much around in it anyway. The trunk space is really small but again I don't carry much with me anyway.
The Formula came with a Chevrolet built, Pontiac tuned 2.8 ltr V6 which produces around 140 hp. The car can accelerate very quickly and having the engine on the drive wheels makes it almost impossible to break the rear wheels loose.
Amazing car that's gas efficient and fun to drive. Always gets attention.
Amount Paid (US$): 3,200
Condition: Used
Model Year: 1988
Model and Options: Formula